Join us as a Portfolio Manager in our Private Bank and Wealth Management team based in London.

A Portfolio Manager (PM) is central to delivering a great experience for clients by providing first class service, managing investment portfolios and contributing to the overall investment process. PMs act as stewards for our clients and our business – operating both with fiduciary responsibility and a desire to build lasting discretionary relationships in partnership with the Wealth Managers/Private Bankers.

The key function of the role is to manage a book of client portfolios with differing levels of complexity.

The role holder will manage a range of client relationships and they will also support the growth of the broader DPM offering across PBWM through promotion of the service, proposition and performance, both internally and externally.

The role holder will work in partnership with the broader PM team to ensure depth of understanding of the model strategies and provide the best thinking portfolios. The role holder will contribute to our investment decision making and will help ensure timely execution of investment decisions within client portfolios to generate strong risk-adjusted returns that meet clients’ expectations and goals. We operate s strong culture of risk management and controls and our PMs work within established tolerances and personal authorisations based on business procedures with appropriate escalation policies.

Essential Skills/Basic Qualifications:

• The role holder will be an experienced portfolio manager with knowledge and understanding of relevant systems and processes in respect of multi-asset portfolios and their construction, with a track record of successfully servicing investment clients.
• The role holder should have a demonstrable track record of success in investment analysis and bring an uncompromising attention to detail, taking personal responsibility to ensure the best results for their clients.
• The role holder is expected to be Level 6 CISI qualified (or equivalent).

Desirable skills/Preferred Qualifications:

• Previous management experience is not required; but any experience in managing and leading a small team of individuals will be beneficial.
• The role holder should have the ability to articulate investment ideas in a succinct and accurate manner, be willing to champion their own views while being able to positively and respectfully challenge the views of others.
• Working in a wider investment team, the successful applicant will be a dedicated team player. This role requires a diligent, tactful, client focused individual with an ability to relate to a wide range of clients both internally and externally.

You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills.

This role may be based in London.

Purpose of the role

To generate returns, manage risk, and ensure the portfolio’s financial stability and long-term success.

Accountabilities

• Allocation and monitoring of securities within a portfolio, aligned to the banks risk tolerance to framework and changing market conditions, investment objectives and regulatory requirements, utilising specialist software and data analytics tools, to enhance the portfolio management efficiency and effectiveness.
• Execution of research and analysis on various securities (equity, bond, funds) to identify profitable investment opportunities, aligned to the banks risk tolerance.
• Communication of the banks investment philosophy, decision making and investment selection to Clients and other key stakeholders such as Relationship Managers and Investment Advisors.
• Performance monitoring against benchmarks and objectives, analysing risk metrics, and creation of reports for senior colleagues and internal stakeholders.
• Implementation of risk management strategies to identify, assess, and mitigate potential financial risks associated with the portfolio, such as market fluctuations, credit risk, and liquidity risk.
• Conducting of simulations to assess the portfolio's resilience to different market scenarios and economic downturns, identification of potential vulnerabilities and informing on risk mitigation strategies, and communicate key findings to senior executives and board members.
• Monitoring of economic data, industry news, and geopolitical events to anticipate potential impacts on the portfolio and adjust strategies accordingly.
• Research of emerging asset classes, innovative investment strategies, and alternative investments to potentially enhance portfolio returns.
• Stakeholder management of investment banks, market makers, and other external partners as needed for portfolio transactions and information gathering.

Vice President Expectations

• To contribute or set strategy, drive requirements and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/ processes; deliver continuous improvements and escalate breaches of policies/procedures..
• If managing a team, they define jobs and responsibilities, planning for the department’s future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes. They may also lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements..
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others..
• OR for an individual contributor, they will be a subject matter expert within own discipline and will guide technical direction. They will lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions..
• Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
• Manage and mitigate risks through assessment, in support of the control and governance agenda.
• Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
• Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
• Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
• Adopt and include the outcomes of extensive research in problem solving processes.
• Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.